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Investment Highlights

  • Downtown Foley
  • Retail/Dining/Hospitality Opportunity

Executive Summary

Positioned in the heart of downtown Foley at the corner of W Myrtle Ave and S Alston St, this commercial property offers a prime location with excellent visibility and easy access in one of the area’s growing business districts. This location places your future business or investment in the center of it all. Formerly utilized as a medical office, the 4,351-square-foot building presents a unique opportunity for investors, developers, or business owners looking to renovate and bring new life to an existing structure. Zoned B-1 (Central Business District), the property offers exceptional flexibility with permitted uses spanning retail, dining, office, service, hospitality, entertainment, and mixed residential/commercial concepts. With its sought-after downtown location, this property offers exciting possibilities for your next project or investment opportunity.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,351 SF
Building Class
B
Year Built
1985
Price
$895,687 CAD
Price Per SF
$205.86 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,351 SF
Opportunity Zone
Yes
Zoning
B-1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • Listing ID: 40616345

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 106 W Myrtle Ave, Foley, AL 36535

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